On: FB nearly cut in half since IPO (22.28 current low)

[veyron]

"If you need VC money, you just missed the last train."

That's not true if you have a business that can sustain itself for a few years. There's a ton of VC money still there (the stock market, real estate, bonds etc aren't as appealing as one would imagine) but it's most likely going to be very picky.

[eduardordm → veyron]

If you already have a business that can sustain itself for a few years, it's unlikely you need any VC money at all.

[veyron → eduardordm]

github, for example. Owners wanted a large equity event, and they wanted money for a larger expansion.